CME bolsters firewall against possibility of client collapse

11/19/2012 | Wall Street Journal, The

CME Group has increased its credit line to $5 billion in an effort to strengthen its protections against the potential collapse of a client. "With the [over-the-counter derivatives] clearing mandate approaching, we anticipate a significant growth in the amount of collateral on deposit and have adjusted our liquidity facility as a result," an unidentified spokeswoman for CME wrote in an e-mail.

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